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Indonesian president to court tech giants on U.S. trip

JAKARTA (Reuters) – Indonesia’s president will court tech giants Apple and Google during his first trip to the United States this month, seeking investment for sustainable mining and greater internet access, a senior cabinet minister told Reuters. Source
Posted On 16 Oct 2015

Twitter unveils new tools to measure ad effectiveness

(Reuters) – Twitter Inc said in a blog it would provide its advertisers with custom data-driven reports to help them gauge the impact of their ad campaigns on their profits. Source
Posted On 16 Oct 2015

Tesla unveils autopilot system, but don’t let go of the wheel

PALO ALTO, Calif. (Reuters) – Newer Tesla Motors Model S sedans will be able to steer and park themselves under certain conditions starting Thursday, the carmaker said, although Chief Executive Officer Elon Musk cautioned that drivers should keep holding the steering wheel....
Posted On 16 Oct 2015

Music streaming service Deezer seeks 300 mln euros in flotation

PARIS (Reuters) – Music streaming service Deezer said it aims to raise 300 million euros ($343 million) selling new shares to fund marketing as it chases more subscribers to take on bigger rivals such as Apple and Sweden’s Spotify. Source
Posted On 16 Oct 2015

Netflix blames weak U.S subscriber adds on new chip-based cards

(Reuters) – Video-streaming service provider Netflix Inc reported third-quarter U.S. subscriber additions below its own forecast, blaming a transition to chip-based cards for the miss. Source
Posted On 16 Oct 2015

Square IPO to test Dorsey’s ability to run two companies

SAN FRANCISCO (Reuters) – Mobile payments company Square Inc filed for its long-expected initial public offering on Wednesday in a test of Chief Executive Officer Jack Dorsey’s ability to take the company public as he grapples with a turnaround at Twitter Inc. Source
Posted On 16 Oct 2015

Square Inc files for IPO with Dorsey dual role in focus

(Reuters) – Mobile payments company Square Inc filed for its long-expected initial public offering on Wednesday in a test of CEO Jack Dorsey’s ability to take the company public even as grapples with a turnaround at Twitter Inc, which he also runs. Source
Posted On 16 Oct 2015

First Data prices IPO at $16 per share: source

(Reuters) – Payments processor First Data Corp priced its initial public offering, this year’s biggest, at $16 per share, below its previously indicated range of $18 to $20 per share, according to a person familiar with the matter. Source
Posted On 16 Oct 2015

Silicon Valley IPO market boom winding down

SAN FRANCISCO (Reuters) – Last year, many tech IPOs enjoyed soaring valuations in their Wall Street debut, raining cash on the companies and their investors and boosting concerns about another Silicon Valley bubble. Source
Posted On 16 Oct 2015

China robot sales to almost triple by 2018: industry group

FRANKFURT (Reuters) – Sales of robots in China are set to almost triple by 2018, defying a slowdown in the wider economy, the International Federation of Robotics said on Friday. Source
Posted On 16 Oct 2015